FASB's Codification (ASC) 842, Leases requires companies to make significant changes in the way they report operating leases. One of the initial challenges for organizations may simply be finding all ...

ASC Topic 842 is a relatively simple standard that can mean profound changes for organizations with leases. This report examines what makes this standard challenging and describes new ways for CPAs to ...

Under the new ASC 842 standards, companies must report ... “This will place a significant accounting burden on operations that use leases,” says Fallon Savage, senior vice president ...

There are two lease accounting standards that typically apply to deferred rent situations, known as ASC 840 and ASC 842. Under both ASC 840 and ASC 842, total rent expense is recognized on a ...

MILWAUKEE, Feb. 11, 2025 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading lease accounting software company, today announces its upcoming webinar “Demystifying Discount Rates in Lease Accounting” ...

account for and maintain leases in compliance with new lease accounting standards ASC 842, GASB 87, GASB 96 and IFRS 16. More than 125 of the top 400 CPA firms in the United States use the LeaseCrunch ...

Finquery empowers organizations to navigate ASC 842, IFRS 16, and other standards with ease. The platform’s 14 consecutive No. 1 rankings on G2’s lease accounting category reflect a commitment ...

The Mobile Integrated Healthcare (MIH) program was launched by the 25-bed critical access hospital in 2020, and the team now includes two board-certified community paramedics who provide care in ...